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Swords to plowshares: Battlefield digitization Distributed Autonomous Organization process to form Trade Federations

US Military’s #DARPA Hops on the ‘Blockchain Not Bitcoin’ Bandwagon, Crypto Coin Network CCN Article: DARPA issues an RFI Request For Information for “distributed protocols that behave with economic interests at heart” “methods that leverage rigorous economic notions.. security for distributed, permissionless computation protocols.” DARPA RFI LINKhttps://www.ccn.com/us-militarys-darpa-program-hops-on-the-blockchain-not-bitcoin-bandwagon/ 

If, when climate change reduces crop commodity production while population continues to rise, it follows that this could become a National Security issue — then, an ecologically sustainable economic heartbeat would be obviously needed. Why wait until crisis, DEFCON 2 stage pray tell? 

In 1921, Edison / Ford proposed a crop index based currency. Now there's the internet, the internet of money #Bitcoin Blockchain & Spatial Econometrics

 The Terra is a global complementary currency designed to provide an inflation-resistant international standard of value; to stabilize the business cycle on a global level; and to realign stockholder’s interests with long-term sustainability. From a legal viewpoint, the Terra is standardized “countertrade” (international barter), which is routinely used for over one trillion dollars worth of transactions per year. Legislation on countertrade exists in about two hundred countries, including all the major trading nations. Introducing the Terra would therefore not require new international governmental agreements.  The TERRA Trade Reference Currency is a paper / document proposal that lacks a transaction protocol like Bitcoin. Bitcoin blockchain micro payments pair perfectly with the TERRA TRC's demurraige charges to offset costs for temporary storage and transfer of goods.

The TERRA Trade Reference Currency: complementary, privately issued, demurrage-charged, backed by inflation-resistant, standardized basket of the dozen most important commodities, services and operates in parallel with national currencies. Terra The Trade Reference Currency, TRC "world currency". Proposed by Belgian economist and expert on monetary systems Bernard A. Lietaer in 2001, based on a similar proposal from the 1930s. The currency is meant to be based on a basket of the 9-12 most important commodities (according to their importance in world wide trade). Terra = reference unit defined as standardized basket of key internationally traded commodities & services. Macro to micro reporting is key to establishing a value index for the Internet of Everything IeT through use of reliable time stamping by <Org_ID>, <URN>

TERRA Trade Reference Currency / RIPPLE monetary protocol. The  Trade Reference Currency (TRC) TM is a new currency privately issued by the TRC Alliance, with a built-in circulation incentive that could play a significant role in getting the world out of recession.  Its unit of account is the Terra.  It would systematically stabilize the effects on the business cycle and re-align financial interests with long-term sustainability. Terra: demurrage-charged currency acts like parking fee, incurring cost over time to holder estimated at 3.5%-4% per annum corresponding to costs incurred for storing physical commodities in the Terra basket. Monetary Instability: Over $1.3 trillion is traded per day in foreign exchange markets, a figure that is 100-fold the trading volume of all of the world’s stock exchanges combined.

TERRA TRC White Paper http://www.terratrc.org/PDF/Terra_WhitePaper_2.27.04.pdf .

TERRA TRC LINK: http://p2pfoundation.net/Terra 

Thomas Edison’s Quixotic Plan for a New Monetary Policy article: During the sharp recession of 1921- 1922, Thomas Edison turned from making innovative consumer products to reinventing the U.S. monetary system. dison searched for new ways to stabilize the dollar, the value of which had fluctuated widely during World War I and its aftermath. His goal was to “cast the variable out of money.” Distrusting bankers -- the “money brokers,” he called them -- and a monetary policy based solely on gold, Edison called for a system that used a variety of other commodities as backing for the nation’s paper money supply.

Article: A Russian Farmer Sows His Own Currency to Aid Rural Population: “today there are over 4000 privately issued currencies in over 35 countries” This situation is a use for the firefly heartbeat algorithm that samples geo-spatially, temporally distributed currency values (or stocks, domain values etc., matching them to the closest heartbeat interval. The resulting price value index could serve as the basis of value of a FEDCOIN / Worldcoin value index beacon "pulse". http://sawconcepts.com/index/id43.html Link: Firefly - Heartbeat Algorithm http://sawconcepts.com/index/id22.html LINK. A Bitcoin called VEN uses an index of currencies, commodities, and carbon future prices to peg it's current value: LINK: http://www.ven.vc/#/features.  

Military forces have for centuries done one thing very well -- form individuals into groups and organizations organized and synchronized in time and space (geo-spatially) to achieve goals. Organizations tend to be geographically dispersed and tend to use many different technologies to achieve their goals. The Heart Beacon Cycle provides a minimum list of common building blocks, procedures and processes that individuals agree to use within organizations they join e.g.., autonomous trade federations. Individuals and organizations may affiliate and de-affiliate as they choose or as logistics or other external factors drive the situation. Cyclic reporting of events, alerts, and milestones during micro-cycles to macro-cycles is key.

Arbitrage entering agreements as federated identities within groups retaining autonomy = ability to act on their own behalf. If trade is deemed non-equitable, groups, individuals may leave the trade federation as a network drop until conditions change or the individuals change their minds and decide to re-affiliate, re-tether to the collective trade federation. Groups are matched to tasks as needed during certain situations and not others. Leader decisions may influence whether specific groups may be used for certain situation and operations but not others. The flexibility to manage groups in an agile, adhoc manner is the future of business. Cooperate THEN compete - trade federations aided by agile, adhoc group formation & system of systems sync & telemetry INFOCON situation awareness techniques.  

Fungibility or the degree to which crops, commodities etc are converted  from one price to another with 1:1 being the ideal is useful in supporting trade federations. Consistent, reliable sampling and distribution of price indexes across geographic areas and time zones using universal, simplistic metrics and meters is key.